Funding | ICT


The availability of funding varies from jurisdiction to jurisdiction. Funding is available in some jurisdictions for programmes of study leading to ICA qualifications. Examples are given below that illustrate where funding is available.


Tamkeen offers a career progression programme that provides funding, which supports Bahrain nationals in the development of their careers. 

Isle of Man

Financial support for your studies may be available through the Isle of Man Department of Economic Development ‘Vocational Training Financial Support Scheme’. More information here.


The Asian Institute of Chartered Bankers (AICB) charges for training programmes according the category of employer. If the employer is a contributor to the Staff Training Fund (STF) this will significantly reduce the overall cost of the relevant ICA programme to the individual applicant. 


The Institute of Banking and Finance Singapore (IBF) works closely with the Monetary Authority of Singapore (MAS) to develop the professional competencies of financial practitioners in Singapore.

In addition to administering regulatory and industry examinations, IBF is the national accreditation and certification agency in Singapore.

IBF Funding available:

  1. IBF Standard Training Scheme (IBF-STS) provides up to 70% funding for direct training costs subject to a cap of S$7,000 per candidates per programme subject to all eligibility criteria being met.
  2. IBF Financial Training Scheme (IBF-FTS) provides up to 50% for direct training costs subject to cap of S$2,000 per participant per programme subject to all eligibility criteria being met.

For more information on funding, IBF Certification and Continuing Professional Development (CPD) requirements, please visit:


The Ministry of Defence (MOD) provides an Enhanced Learning Credits Scheme (ELC), which is an initiative to promote lifelong learning amongst members of the Armed Forces. The ELC scheme provides financial support in the form of a single up-front payment in each of a maximum of three separate financial years.


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